“It’s no secret that it’s been a tough 12 months for us,” says Badenoch, adding that the pair will be “sad to close the doors here but we’re really excited at the same time; it’s enabled us to evolve the brewing side of things”. With a range of specialty beers, a big outdoor beer garden and a couple of American-style offset smoker BBQs, the casual space in an inner-north warehouse – the exact location is yet to be divulged – will focus on “a simple food and beer offering, with lots of events”. The pair is hopeful for an April opening.

I hope they don’t owe their suppliers or staff any money before they start their new venture. I don’t understand though how they could cry poor to the ATO but then talk of launching a new venue/business.
A commercial business (bar/restaurant) that is losing money would not have sold for enough to cover their ATO debts.
Interesting situation to watch unfold.